Harbor Stone Advisors is pleased to present 24 Broadway, a multifamily asset with value add potential located in the vibrant heart of Downtown Hagerstown. This unique asset offers 6 units with a mix of (1) Studios, (4) 1 Br-1 Ba, and (1) 2 Br-1 Ba. The property provides excellent amenities, including a 3-space surface parking lot, laundry room, and a 2 car garage. Residents benefit from its prime location, which is within easy walking distance of numerous local shops, restaurants, breweries, and community events. Typical unit features consist of white/stainless steel appliances, wood cabinets, formica countertops, and LVT/hardwood flooring. Current ownership has renovated all of the units at 24 Broadway over the last few years with a mixed scope of updated appliances, new cabinets, resurfaced countertops, updated bathrooms, LVT flooring, and modern hardware/fixtures. The opportunity exists for a new owner to organically increase rents or perform a light renovation on select units by installing stainless steel appliances, granite countertops, and LVT flooring in units without. Comparable properties nearby are achieving rents 10% higher on average. There is also an ability to lease the garage for additional rental revenue as it is currently vacant, as well as evaluate the implementation of a water reimbursement program upon renewal and/or new lease.